Element Solutions gets hold rating in Cramer's latest lightning round
CNBC's rapid-fire stock segment highlights a mixed set of views across industrial, software and real estate names. Jim Cramer backs holding Element Solutions while steering callers toward select buys such as MasTec and away from Starwood Property Trust.
Highlights
- Jim Cramer issues a hold rating on Element Solutions, emphasizing selectivity in stock picks during the latest 'Mad Money' lightning round.
- Cramer gives a buy call on MasTec and Penguin Solutions, while outright rejecting Starwood Property Trust and expressing caution on SailPoint and IREN.
- The segment highlights Cramer's current strategy focused on company-specific fundamentals amid sector rotation, preferring Waste Management over Waste Connections.
Cramer's stock calls across sectors
As reported by CNBC, Cramer uses the latest lightning round on "Mad Money" to give brief recommendations on several stocks raised by callers.On Waste Connections, he says he still prefers Waste Management, calling it the better company. For Element Solutions, he tells investors to hold the stock.
His view on SailPoint is more cautious, saying he does not like the company even though it has remained more resilient than some critics expected. Asked about IREN, he says CoreWeave is the only name in the neocloud business that he trusts and wants to own.
Implications for investors watching sector rotation
The calls point to a selective approach rather than a broad endorsement of any one sector. Cramer rejects Starwood Property Trust outright, while saying Penguin Solutions can be bought despite its meme-stock profile because, in his view, the company has a real business behind it.He also gives a buy call on MasTec, adding to the list of names he sees as more attractive in the current mix. Taken together, the round underscores a preference for company-specific fundamentals over broader market narratives.
Our earlier report on Jim Cramer’s buy calls during a market sell-off explained why he saw selective opportunities despite fragile sentiment driven by bank earnings and weakness in memory-chip stocks. He highlighted Goldman Sachs as his top bank pick after an earnings beat, kept Wells Fargo on his buy list on a long-term thesis, and viewed Johnson & Johnson’s post-earnings drop as a potential entry point backed by its dividend and balance-sheet strength.